523 W Gutierrez St - Apartments FOR SALE


Santa Barbara, CA 93101- Lower West
$1,750,000 USD
805-259-9638
523 W Gutierrez St, Santa Barbara, CA for Sale
$1,750,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

523 W Gutierrez St
Santa Barbara, CA 93101
Lower West


HIGHLIGHTS

  • Prime Location

OVERVIEW

523 W. Gutierrez is a charming, recently updated 2-bedroom, 2-bath single-family home on an expansive 8,712 SF lot in Santa Barbara's Lower Westside. The spacious lot provides ample space for outdoor entertaining and gatherings, while also offering potential for a future ADU or development opportunity. Ideally located just minutes from downtown Santa Barbara, the Funk Zone, the waterfront, and Santa Barbara City College, this is a rare opportunity to own a single-family home in a prime Santa Barbara location with both immediate appeal and long-term potential. This property is entitled for a 9-unit multifamily development, reach out for plans. Reach out for detailed development plans.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$199 USD /SF

# OF UNITS

11

PRICE/UNIT

$159,091

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

R-MH (R-4)

APN/PARCEL ID

037-222-006

ASK ABOUT THIS PROPERTY

Oliver FriesPaloma Realty PartnersMore Info
805-259-9638

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Oliver FriesPaloma Realty PartnersMore Info
805-259-9638

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.